The Race To Depreciate Fiat Currencies Is Accelerating

By Mike Gleason – Re-Blogged From Silver Phoenix

Metals investors are anxiously awaiting the market’s reaction to next week’s Fed meeting. We may see players in the futures markets move to smash gold and silver prices down to lower support zones in the trading around the Fed’s decision.

But flushing out some more speculative longs and late comers with weak hands would be a healthy development in setting up the next rally.

Those who got left behind in this summer’s big moves in metals markets should certainly consider taking advantage of favorable buying opportunities as they present themselves ahead of a possible seasonal push higher in the sector this fall.

Conventional financial markets could become volatile as uncertainties surrounding America’s economy and political future weigh on investors. We are potentially only one election away from falling into socialism and one quarter’s GDP report away from falling into recession.

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Morano’s 1-hour interview debunking ‘global warming’ & explaining how the climate scare became a tool for the regulatory state

 

Celebrities, activists, environmentalist organizations, the UN, government entities and sadly, even the Vatican support the theory that humans cause climate change. However, in this exclusive interview, “global warming” expert and author Marc Morano gives you hard-hitting arguments and facts that dispel the artificial fear propagated by “climate emergency” alarmists.

Marc Morano talks about:

#Climate #change (min 2:58)

Population control (min 14:24)

Global warming (min 17:12)

Medieval warm period (min 19:37)

Best arguments against climate change (min 33:03)

The fake 97% scientific consensus (min 34:17)

The Green New Deal (min 38:23)

Pope Francis and Laudato Si (min 48:11 )

Socialism and environmentalism (min 51:27)

His book, Politically Incorrect Guide to Climate Change (min 57:38)

Download show audio: https://tfpsa.podbean.com/

CONTINUE READING –>

Bernie Sanders Demands Nationalization of US Energy Production to Fight Climate Change

By Eric Worrall – Re-Blogged From WUWT

h/t Howard Cork Hayden; According to Bernie Sanders, Nationalization of US energy production will give the government the control it needs to implement the Green New Deal.

Bernie Sanders indicates climate plan will require nationalization of US energy production

By Sam Dorman | Fox News

The “Green New Deal” proposed by Sen. Bernie Sanders, I-Vt., seeks a complete transition to “energy efficiency” and “sustainable energy” — much of which would be owned and administered by the federal government.

During an appearance on MSNBC Thursday night, Sanders told host Chris Hayes that the U.S. needed an “aggressive” federal approach to producing electricity and nodded after Hayes claimed he proposed a “federal takeover of the whole thing.”

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A Plan To Win The Millennials’ War On Carbon

By Timothy Nerenz, Ph.D. – Re-Blogged From WUWT

Earlier this year, Rep. Alexandria Ocasio-Cortez announced the Green New Deal (GND), a public policy initiative whose central goal is de-carbonize the U.S economy in 12 years. She described GND as her millennial generation’s “World War II” and dismissed the question of how to pay for it with the response, “you just pay for it”. With all due respect to the Congresswoman, you don’t “just pay for it”, you pay someone to do it.

Just what is the “it” and who is the “someone” of the Green New Deal? In a recently published peer-reviewed article in the Journal of Human Resources and Sustainability Studies, I examined the scope of industrial mobilization that would be required to realize GND sustainability goals and proposed a conceptual blueprint and strategy to achieve them in the shortest feasible timeframe. Those who care to read it in its entirety can to so here: Thinking Inside The Box

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Directive 10-289

By Keith Weiner – Re-Blogged From Gold Eagle

Everyone must ask himself the question. Do you want the world to move to an honest money system, or do you just want gold to go up (we italicize discussion of apparent moves in gold, because it’s the dollar that’s moving down—not gold going up—but we sometimes frame it in mainstream terms).

Gold’s Going Up

We have written about the tension between these two goals before. Many people start with the former. They come to gold, as they begin to realize that the dollar is going off the rails, that there is something wrong with bail-outs, bail-ins, Quantitative Easing, Zero Interest Rate Policy, and negative interest rates. But a funny thing often happens along the way. They buy into the story of gold to $5,000 (or $65,000). They become speculators on its price. They use gold the way most people use stocks and real estate: as just another chip in Casino Federoyale, a way to make dollars.

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Our Costly Dalliance With Lord Keynes

In “The General Theory of Employment, Interest and Money”, Keynes virtually created macroeconomics. But Keynes was a mathematician, not an economist, and did not fully understand free markets, so he was hardly qualified to emerge as the most influential economist of the last century. His misconceptions still inform the establishment, comprising governments and their regulated financial sectors. Given that there is dawning acknowledgement that these policies are propelling leading nations into a common financial and economic crisis, a forensic dissection of Keynes’s errors and motivations is overdue. This essay is a brief attempt to rectify this omission.

Hayek’s assessment of Keynes

Perhaps we should have listened to Friedrich Hayek, when he said that his friend Lord Keynes was not an economist. This description of Keynes by Hayek is extracted from a video interview with Leo Rosten in 1975:

“He was a man with a great many ideas who knew very little about economics. He knew nothing but Marshallian economics. He was completely unaware of what was going on elsewhere. He even knew very little about nineteenth century economic history. His interests were very largely guided by aesthetic appeal, and he hated the nineteenth century and therefore knew very little about it, even about its scientific literature.”

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MMT Could be Used to Pay for the Green New Deal

By Joel O’Bryan PhD – Re-Blogged From WUWT

NPR news is running this story on Green New Deal financing by writer Scott Horsley:

When Rep. Alexandria Ocasio-Cortez rolled out her “Green New Deal,” calling for clean energy, universal health care and guaranteed jobs, one of the first questions she got was: How do you plan to pay for it?
The New York Democrat argued that ambitious programs can easily be financed through deficit spending.
“I think the first thing that we need to do is kind of break the mistaken idea that taxes pay for 100% of government expenditure,” Ocasio-Cortez told NPR’s Morning Edition in February.
In doing so, she shined a spotlight on a once-obscure brand of economics known as “modern monetary theory,” or MMT.

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